IT major Infosys adjusted its annual revenue forecast on Thursday, following a quarterly profit that fell below expectations.
Consolidated net profit fell 7.3 per cent to ₹6,106 crore in the seasonally weak third quarter from a year earlier. Analysts, on average, expected a profit of ₹6,167, as per LSEG data.
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Infosys revised its revenue growth forecast for a third consecutive quarter to 1.5 per cent-2 per cent on a constant currency basis for the full year from 1-2.5 per cent previously.
This is a developing story. Please get back to check for updates.
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